Select a different bill

HB 0265 - Job Creation Tax Credits - Expansion of Program
Login to post your comments

Tracking Level: Inactive
Sponsor: Chuck Efstration
Last Action: 4/25/2017 - Effective Date
House Committee: Ways & Means
Senate Committee: Finance
Assigned To:
Economic DevelopmentNext Bill
Larry RamseyNext Bill
Sales Tax-LocalNext Bill

Staff Analysis of the Legislation

This bill expands the criteria for the 'establishing or relocating quality jobs' income tax credit, to include projects that create at least 50 jobs and invest at least $2.5 million in property acquisition. Additionally, the bill provides for state and local sales and use tax exemptions for: 1) admission tickets to arts facilities; and 2) property used in the renovation or expansion of a theater that contains an art museum, symphonic hall, and theater that charges for admission and is owned by a Section 501(c)(3) entity. This sales tax exemption is aimed at the Woodruff Arts Center in Atlanta.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

Copyright @1996-2015 Association County Commissioners of Georgia